SINGAPORE--(BUSINESS WIRE)--A private investor group led by Peak Hotels & Resorts Group Ltd. today
announced that it has completed the acquisition of Amanresorts, the
world’s premier international luxury hotel group, from DLF Global
Hospitality Ltd. Under the terms of the transaction, Aman Resorts Group
Ltd., a joint venture between Peak Hotels & Resorts and Amanresorts
founder Adrian Zecha, has acquired 100% of the equity of Silverlink
Resorts Ltd., the owner of Amanresorts, for an enterprise value of
approximately US $358 million. Zecha will continue as Chairman of
Amanresorts.

In addition to the purchase price, the partners of Aman Resorts Group
Ltd. have committed to a substantial capital reserve account to
immediately make investments in existing and new properties.

“Amanresorts is peerless in luxury and high-end hospitality,” said Nader
Tavakoli, Chairman of Aman Resorts Group Ltd. “We are committed to
building on and expanding Amanresorts’ established global brand,
reputation for unparalleled guest service, and commitment to the local
communities where we operate. We look forward to investing in and
heightening awareness of existing properties, acquiring and developing
new properties and, ultimately, realizing the significant growth
potential of this best-in-class business as we continue to deliver
superior, unforgettable experiences to guests worldwide.”

“I am delighted to partner with Peak Hotels & Resorts, who not only
share my vision for Aman’s future growth but are absolutely committed to
sustaining our company’s reputation for many decades to come,” said
Adrian Zecha.

About Amanresorts

The first Amanresorts property, Amanpuri, opened in January 1988 in
Phuket, Thailand. Adrian Zecha envisioned a group of intimate retreats
in beautiful surroundings with discreet service and the unassuming, warm
hospitality of a gracious residence. Today Amanresorts has grown to
encompass 26 of the world’s most beautifully designed resorts in 18
countries, including the recently opened Aman Venice and Aman Vietnam,
and has garnered more than 2,000 awards and accolades.